De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
accessories
Luxury
What Kering's Cartier Deal Means for the Eyewear Market
Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.
What Kering's Cartier Deal Means for the Eyewear Market
Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.
Luxury
Hermès Profit Climbs 10% on Handbag Sales, Growth in Europe
The luxury industry has been reporting signs of improvement after years of ebbing demand in China and a slowdown in European tourism.
Hermès Profit Climbs 10% on Handbag Sales, Growth in Europe
The luxury industry has been reporting signs of improvement after years of ebbing demand in China and a slowdown in European tourism.
News & Analysis
Meet Pierre Denis: The Fashion ‘Outsider’ Steering Jimmy Choo
"While carrying on with the day job of shifting plenty of £2995 Cinderella slippers in London, New York and Paris, he has led expansion in Asia and a
Meet Pierre Denis: The Fashion ‘Outsider’ Steering Jimmy Choo
"While carrying on with the day job of shifting plenty of £2995 Cinderella slippers in London, New York and Paris, he has led expansion in Asia and a
News & Analysis
6 Lessons For Building a Winning Accessories Business
In a rough retail environment, shoes and handbags benefit from higher margins and fewer discounts. BoF quizzed independent shoe and handbag designers at New York Fashion Week to understand what’s working.
6 Lessons For Building a Winning Accessories Business
In a rough retail environment, shoes and handbags benefit from higher margins and fewer discounts. BoF quizzed independent shoe and handbag designers at New York Fashion Week to understand what’s working.
Financial Markets
Kate Spade Tops Fourth Quarter Profit Forecasts
Kate Spade shares have increased slightly more than 5 percent since the beginning of the year. The stock has increased 18 percent in the last 12 months.
Kate Spade Tops Fourth Quarter Profit Forecasts
Kate Spade shares have increased slightly more than 5 percent since the beginning of the year. The stock has increased 18 percent in the last 12 months.
News & Analysis
Fossil Tops Fourth Quarter Profit Forecasts
The watch and accessories maker posted revenue of $959.2 million in the period, which missed Street forecasts.
Fossil Tops Fourth Quarter Profit Forecasts
The watch and accessories maker posted revenue of $959.2 million in the period, which missed Street forecasts.
Luxury
Kors vs. Coach: Which is Best Positioned to Buy Kate Spade?
Two of Kate Spade’s biggest competitors are reportedly considering buying the accessible luxury brand. Which is likely to win — and should either of them be bidding in the first place?
Kors vs. Coach: Which is Best Positioned to Buy Kate Spade?
Two of Kate Spade’s biggest competitors are reportedly considering buying the accessible luxury brand. Which is likely to win — and should either of them be bidding in the first place?
News & Analysis
Mansur Gavriel to Launch Ready-to-Wear for Autumn 2017
The accessories brand will also adopt an in-season model as it continues to grow beyond the it-bags that first fuelled its success.
Mansur Gavriel to Launch Ready-to-Wear for Autumn 2017
The accessories brand will also adopt an in-season model as it continues to grow beyond the it-bags that first fuelled its success.
Retail
Michael Kors, Prada Skimp on New Designs in Face of Handbag Woes
Michael Kors Holdings Ltd., Prada SpA, LVMH’s Louis Vuitton and Burberry Group Plc all reduced the number of styles introduced last quarter.
Michael Kors, Prada Skimp on New Designs in Face of Handbag Woes
Michael Kors Holdings Ltd., Prada SpA, LVMH’s Louis Vuitton and Burberry Group Plc all reduced the number of styles introduced last quarter.
Luxury
Can Complét Pull a Mansur Gavriel?
This month, our spotlight shines on Complét, a Tel Aviv-based accessories brand with global ambitions.
Can Complét Pull a Mansur Gavriel?
This month, our spotlight shines on Complét, a Tel Aviv-based accessories brand with global ambitions.
News & Analysis
How Trump-Era Trade Policy Threatens to Send Up Prices You See on Store Shelves
"Few industries are likely to feel the jolt more acutely than retail, which sells you smartphones made in China, sneakers made in Vietnam and
How Trump-Era Trade Policy Threatens to Send Up Prices You See on Store Shelves
"Few industries are likely to feel the jolt more acutely than retail, which sells you smartphones made in China, sneakers made in Vietnam and
News & Analysis
Vegetable ‘Ivory’ Offers Accessory Alternative for China’s Green Fashion Advocates
"While not necessarily an elephant ivory replacement, tagua producers are hoping to make gains in China’s local luxury fashion industry."
Vegetable ‘Ivory’ Offers Accessory Alternative for China’s Green Fashion Advocates
"While not necessarily an elephant ivory replacement, tagua producers are hoping to make gains in China’s local luxury fashion industry."
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.